N.D. Admin Code 85-04-01-01 - Failure to pay or nonsufficient funds at auction

1. The commissioner may not issue a surface land lease for agricultural use until payment in full is received by the department.

2. A successful bidder who fails to pay for a surface land lease is deemed ineligible to bid at subsequent surface land lease auctions administered by the board for the remainder of the current calendar year plus three additional calendar years.

3. If a surface land lease payment made at auction is, for any reason, not paid by the bank on which it is drawn, the commissioner shall notify the bidder by mail addressed to the bidder's post office address on file with the department that payment by cashier's check or money order is required within ten business days from the date the letter is mailed.

Notes

N.D. Admin Code 85-04-01-01

Adopted by Administrative Rules Supplement 375, January 2020, effective 1/1/2020.

General Authority: NDCC 15-07-20, 28-32-02

Law Implemented: NDCC 15-07-20, 54-30-17.1